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Source: Economic Times
Economic Times
Source
RBI & Policy
Category
4 min
Read time
19 Jul
Published
RBI & Policy
4 min read· Economic TimesRBI asks banks to clear old trade and payment mismatches
The RBI has asked banks to resolve long-pending mismatches between trade and payment records worth thousands of crores. Banks must verify documents and transactions to regularise genuine export-import cases. Clearing old EDPMS and IDPMS entries could improve compliance, prevent businesses from being flagged and ensure…
The RBI has asked banks to resolve long-pending mismatches between trade and payment records worth thousands of crores. Banks must verify documents and transactions to regularise genuine export-import cases. Clearing old EDPMS and IDPMS entries could improve compliance, prevent businesses from being flagged and ensure
#RBI
Source: Economic Times